Timber market one week mahogany market analysis (4.17 days)

With the ever-increasing popularity of mahogany furniture in the Chinese market in these years, Vietnam's mahogany furniture has also accelerated its march into the Chinese market. It is understood that compared to domestically produced mahogany furniture, Vietnamese mahogany furniture on its rich local mahogany resources, low labor costs and other factors, in terms of prices will have a greater advantage. Like domestic companies, there are also many fine items in Vietnam's mahogany furniture. At the same time, there are also some inferior products involved.

Market participants said that since Vietnam was formerly a log export destination, it has virtually promoted the development of Vietnamese mahogany furniture in order to increase the local employment rate and businesses want to reduce processing fees. Because there are certain gaps in the production of several mahogany furniture, such as carving, wood, and modeling, there are still some gaps between the products manufactured by some large domestic manufacturers. Therefore, there are still some differences in prices.

As for the raw materials of mahogany, due to the high price of goods and land, the Dalbergia japonica (commonly known as Suanhong rosewood) has remained at a relatively high price in recent days. Market participants said that due to the huge market demand, dealers continue to increase their search for goods, hoping to earn a pot of gold. At present, Dalbergia Sinensis (commonly known as Dahong Suanzhi) is 1.8-3m long, 15-25cm in diameter, and the old material is reported in the Guangdong market at 9-100000 yuan per ton.

In addition, due to Dalbergia (commonly known as Hainan pear) material supply channels are very narrow, can be described as hard to find a wood, so the price trend is also quite obvious, the current diameter of 10-20 cm of Hainan pears per kilogram 5000-7000 Yuan, diameter 20-30 centimeters per kilogram 7000-10000 yuan, especially good long fortune material is as high as 10,000 yuan per kilogram.

Sandalwood red sandalwood (commonly known as lobular rosewood) is reported to have poor hollowness to 35-55 thousand yuan per ton. Better lobular rosewood is reported to 55-80 yuan per ton, and there is no hollow old and long material 100-150. Million/ton.